Stop The Awkward Networking Calls

Had 3 this week. It genuinely couldn't be more painful if they tried. No idea of how to flow a conversation and just chop shit up with me for 20-25 minutes. The questions are appalling:

  • how do I break into a BB/how do I network/how am I coming off/who is in charge at HR

If you have poor questions that are literally only about your timeline, ok. That just means you don't know how to play the game and you have 0 interest in me actually liking you. But when I answer them don't also just go "yeah exactly that's what I thought that's good to hear". The difference between candidates who spend 20-30 minutes writing out their questions and have a plan of how to direct their thoughts stand out worlds apart from someone who believes they'll get through by just ripping calls and saying "I like banking because I manage my student fund". Up your game and you'll see the results. 

Comments (40)

Funniest
  • Analyst 1 in IB - Cov
1mo 

I'm highlighting to interns on how to be more effective. that's actual advice. I always see you shit all over feedback posts to networking calls. mr needs a verified account should reflect on who is a self absorbed asswipe. pls fix insecure twink

  • Prospect in PE - Growth
1mo 

The pot calling the kettle black rn lmaooo

  • Intern in IB-M&A
1mo 

seriously appreciate this type of approach from bankers. back when I recruited the most helpful ones in the beginning were the ones who were transparent and told me that I shouldn't be networking like this, or at least try to lead me to have a better conversation with them. not everyone is born with the ability to have the most natural conversation with a stranger in a "professional" setting, and these feedbacks were def most helpful for me to improve down the road

  • Intern in IB-M&A
1mo 

I can see how this is an advice for candidates but it was worded pretty condescendingly

no one is better than others and we've all been in his shoes at some time or another

1mo 
SK_300, what's your opinion? Comment below:

Haha, honestly, we were all probably that guy at one point or another. I've tended to not take networking calls unless there's a personal connection. 

  • Analyst 1 in IB - Cov
1mo 

Hey King - that's what I'm going to have to start doing. Had a few genuinely good kids over the past couple of months but not nearly enough to sit through the painful ones. I know there were times I wasn't pretty on the networking but nothing like "hey so who can I talk to in HR?". Just the industry slipping I guess. 

  • Associate 1 in IB - Cov
1mo 

I hate the ones where they interview me. It's like dude I am trying to help YOU get an interview, be prepared for an interview…let's not spend the entire time asking me random questions about myself. 

  • Analyst 1 in IB - Cov
1mo 

Facts Facts Facts

  • Associate 1 in IB - Cov
1mo 

To an extent yeah…I'm willing to help people frame their "why IB?" "Why xyz firm?" and some people just eat up all of the time with questions about me. I get what you're saying but it has to be balanced. 

  • Associate 1 in IB - Cov
1mo 

Yeah those are fair obviously but I always look to help them succeed in interviews and I feel like sometimes they don't come equipped with the kind of questions that will help them do that. My deal experience is all well and good but I mean there's more valuable insight I can offer, especially the "why this bank?" question that they're not going to get from someone who doesn't work there. 

  • 1
  • Associate 1 in IB - Cov
1mo 

Uhh…that's exactly what I do. Do you realize that I would also like to see how this person can navigate a conversation without me having to guide them? 

Most Helpful
1mo 
whereisthealpha, what's your opinion? Comment below:

Idk why people are getting mad at you. I thought this was the bare minimum. Come prepared with industry/coverage/product specific questions and also some "get to know" type questions. Asking about recruiting in your first conversation and only talking about recruiting comes off terribly, like you are trying to use people which nobody likes. Get to know a person from a place of genuine curiosity about them and their role, not a "referral plz" position which comes off as desperate AF. If you haven't even a smidge of interest in this work (looking at them money/prestige whores), fake it or fuck off.

Tbh if you are networking during recruiting season, you already fucked up. Build relationships months in advance, keep the relationship warm (follow up, check in emails around holidays or industry events/news etc essentially build rapport and show continued interest) which you can later leverage come recruiting season.If you are networking during recruiting season you have to be opportunistic which is a bad position to be in when you are meeting anyone for the first couple of times.

1mo 
BankBoy23, what's your opinion? Comment below:

You're entirely missing the point dude. If the purpose is recruiting, there really is no point in all the song and dance you're proposing, it just exists to make the person you're speaking with feel less used. You're telling people ways to use other people without them getting offended...

1mo 
whereisthealpha, what's your opinion? Comment below:

You can either play the game or whine about it which gets you nowhere. Ultimately, there are gatekeepers. I detailed how you get past them. If you aren't willing to do that, I don't think finance is for you (not you specifically, but the people who do what OP described). This should all come intuitively to you unless you are low EQ.

  • Analyst 1 in IB - Cov
1mo 

Exactly my point. It's so obvious when they have a standard set of questions they use for literally anyone and everyone. Also the "referral plz" shit kills me since the call was a literal disaster and they don't have the bare EQ to read the room. Really sets people apart. Those willing to write industry specific questions/group specific/personal questions off of my LinkedIn are those who get the spot. 

  • Intern in IB-M&A
1mo 

kinda disagree with the "you shouldn't be networking during recruiting season"

most of my friends who recruited started in January-February, which is considered "recruiting season", and they all ended up just fine 

I get what you are saying tho

1mo 
whereisthealpha, what's your opinion? Comment below:

I'm glad it worked for you and your people but that doesn't mean it is what everyone else should do. What's more important is cultivating a relationship more than timing, but timing builds familiarity. If you were on their radar pre-recruiting season, it will be easier to leverage during recruiting season begins than if you follow what everyone else does (like you) and get drowned out by everyone else trying to meet the person for the first time. Harder to build familiarity, harder to stand out and be remembered, and thus harder for the gatekeeper to go to bat for you.

  • Analyst 1 in IB - Cov
1mo 

I genuinely laughed. unfortunately these kids don't even have the wherewithal to make a joke like this. very sad. you on the other hand are hired. slide resume and ya sista's numba

  • 1
  • 1
1mo 
Dr. Rahma Dikhinmahas, what's your opinion? Comment below:

That's my least favorite move of all.  Sure buddy, how about you give me your sister's number and put in a good word, it'll be as comfortable as me telling a busy colleague that he just needs to meet the Super Sophomore.

  • Analyst 1 in IB - Cov
1mo 

I've taken the stance where I won't lift a finger unless I really know you AND you've demonstrated an unquenchable interest for this job. Not offering you up on the back of my reputation for you to piss away the job during the summer. I know folks are more receptive to networking with candidates but it's not like I'm managing my school pipeline 

  • Associate 1 in IB - Gen
1mo 

It's a 2 way street. Plenty of awkward bankers out there, perhaps even yourself. 

  • Analyst 2 in IB-M&A
1mo 

Do others really ask questions of someone doing a networking chat? Always struck me as so hardo of doing a pseudo-interview as an analyst

I get on the phone for 15 mins try to answer as much as I can as honestly as possible. My referral as an analyst is basically meaningless so I don't really bother "screening" kids. Most help I can do is arming them to give good answers in future interviews.

I'll only do a referral if we talk more than once, but you should be able to evaluate plenty based on 2 20 minute phone calls without grilling someone about their interest in IB.

+1 on it sucks when kids ask lazy / low effort questions, but I am just surprised to see people on here asking questions back during a networking chat

1mo 
bddjfj1345, what's your opinion? Comment below:

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